Reliance Steel & Aluminum Co (RS) — Tangible Net Worth Ratio
Reliance Steel & Aluminum Co (RS) has a Tangible Net Worth Ratio of 86.6% as of March 2026. This metric is calculated by deducting intangible assets ($953.00 Million) from net assets ($7.13 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital to net assets of Reliance Steel & Aluminum Co to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Reliance Steel & Aluminum Co Tangible Net Worth Ratio (1993–2025)
This chart shows how Reliance Steel & Aluminum Co's Tangible Net Worth Ratio has changed across 33 annual periods from 1993 to 2025. As of March 2026, the ratio stands at 86.6%, reflecting net assets of $7.13 Billion with intangible assets of $953.00 Million USD. See RS defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Reliance Steel & Aluminum Co (1993–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Reliance Steel & Aluminum Co from 1993 to 2025, covering 33 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Reliance Steel & Aluminum Co (RS) total market value.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 86.6% | $7.18 Billion | $960.10 Million | $10.37 Billion | ▲ +0.6 pp |
| 2024 | 86.1% | $7.23 Billion | $1.01 Billion | $10.02 Billion | ▼ -1.2 pp |
| 2023 | 87.3% | $7.73 Billion | $981.10 Million | $10.48 Billion | ▲ +1.7 pp |
| 2022 | 85.6% | $7.10 Billion | $1.02 Billion | $10.33 Billion | ▲ +3.3 pp |
| 2021 | 82.3% | $6.09 Billion | $1.08 Billion | $9.54 Billion | ▲ +0.8 pp |
| 2020 | 81.5% | $5.12 Billion | $947.10 Million | $8.11 Billion | ▲ +1.3 pp |
| 2019 | 80.2% | $5.21 Billion | $1.03 Billion | $8.13 Billion | ▲ +3.1 pp |
| 2018 | 77.1% | $4.68 Billion | $1.07 Billion | $8.04 Billion | ▲ +0.8 pp |
| 2017 | 76.3% | $4.70 Billion | $1.11 Billion | $7.75 Billion | ▲ +3.9 pp |
| 2016 | 72.5% | $4.18 Billion | $1.15 Billion | $7.41 Billion | ▲ +1.0 pp |
| 2015 | 71.5% | $3.94 Billion | $1.13 Billion | $7.12 Billion | ▲ +1.5 pp |
| 2014 | 69.9% | $4.13 Billion | $1.24 Billion | $7.84 Billion | ▲ +1.2 pp |
| 2013 | 68.8% | $3.88 Billion | $1.21 Billion | $7.34 Billion | ▼ -5.0 pp |
| 2012 | 73.7% | $3.57 Billion | $936.50 Million | $5.86 Billion | ▲ +2.2 pp |
| 2011 | 71.6% | $3.15 Billion | $895.90 Million | $5.61 Billion | ▼ -1.7 pp |
| 2010 | 73.3% | $2.83 Billion | $755.77 Million | $4.67 Billion | ▲ +1.1 pp |
| 2009 | 72.2% | $2.61 Billion | $726.25 Million | $4.31 Billion | ▲ +2.6 pp |
| 2008 | 69.5% | $2.44 Billion | $741.68 Million | $5.20 Billion | ▼ -8.4 pp |
| 2007 | 78.0% | $2.11 Billion | $464.29 Million | $3.98 Billion | ▼ -1.8 pp |
| 2006 | 79.7% | $1.75 Billion | $354.19 Million | $3.61 Billion | ▲ +16.5 pp |
| 2005 | 63.3% | $1.05 Billion | $384.73 Million | $1.77 Billion | ▲ +4.0 pp |
| 2004 | 59.2% | $838.09 Million | $341.78 Million | $1.56 Billion | ▲ +8.7 pp |
| 2003 | 50.5% | $657.00 Million | $325.31 Million | $1.37 Billion | ▼ -3.7 pp |
| 2002 | 54.2% | $620.57 Million | $284.28 Million | $1.14 Billion | ▼ -3.0 pp |
| 2001 | 57.2% | $583.88 Million | $250.10 Million | $1.08 Billion | ▲ +14.7 pp |
| 2000 | 42.4% | $403.04 Million | $232.05 Million | $997.24 Million | ▼ -3.8 pp |
| 1999 | 46.2% | $400.30 Million | $215.20 Million | $900.00 Million | ▼ -2.6 pp |
| 1998 | 48.8% | $345.80 Million | $176.90 Million | $841.40 Million | ▼ -29.7 pp |
| 1997 | 78.5% | $313.20 Million | $67.30 Million | $583.90 Million | ▼ -21.5 pp |
| 1996 | 100.0% | $192.60 Million | $0.00 | $391.20 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $163.90 Million | $0.00 | $260.50 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $150.00 Million | $0.00 | $199.40 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $90.10 Million | $0.00 | $163.40 Million | — |